Question

Convereted primary home to rental but TurboTax asking me to enter mortgage interest and loan details for my primary home?

Forum|Forum|6 years ago
August 1, 2019
1 reply
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We converted our primary home to a rental in December 2017. For the entire 2018 it was rental and I have entered the relevant mortgage interest details under Rental Properties nd Royalties section of the program.

TurboTax software assumes I still own a home in 2018, and is asking me to enter all details including mortgage interest,did I refinance outstanding mortgage principal , if the loan was used for anything else besides purchase of the home.

I want to make some change in my TurboTax entry which clarifies that we no longer OWN a home. We converted it to a rental property so it would be now considered a RENTAL. I must have missed making that change. How and where do I address it?

A

Anonymous_

Employee

Hopefully, this is resolved:

See https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-where-do-i-enter-details-from-1098-for-rental-property/01/835922#M35550

P

pearl12970Author

Per ypour suggestions , in the Rental Properties and Royalties section, I checked the box indicating that I converted the property from personal use to rental use.

However, TurboTax still prompts me that " You told us you owned a home in 2018, but we didn't see any home-related expenses".This is under Under Deductions and Credits. I dont own a home per se - its a rental now.

How do I address this issue?